11420 Black Forest Road, Colorado Springs, CO 80908 | MLS 3583937 | Listing Information | Listings.com: Homes for Sale, Home Values, MLS Search
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New FOR SALE
$1,700,000

11420 Black Forest Road
Colorado Springs, CO 80908

Other
Residence
9.77
Acre Lot
1of
Photos
Map
Courtesy: Exp Realty LLC
Listings> Colorado> Colorado Springs> 80908
Unique investment opportunity in the beautiful Black Forest Area. Property is dual zoned for both residential and commercial and has 9 Buildings on 9.77 acres 1/2 block south of Burgess and Black Forest Road. Buildings include restaurant, single family home that is broken into two units; one "Air BNB" that is occupied 95% of the time and one studio apartment. One oversized garage, plus 7 other barns and warehouses and acreage for storage. Great in-place rental income as well as tenants currently paying all utilities. Recent updates to the "Air BNB" and studio apartment: tile flooring in kitchens, updated appliances, new paint, etc. Ample parking in front of the buildings and around the property. Wide variety of lessees and they have been long term renters. Four of the nine units are on month to month leases. Cafe, Yard 1, and Shed 9 are on one year lease. Dutch Heritage Garden and Shed 5 are on a 3 year lease. All tenants have expressed wanting to stay. Great location and Good condition. 2 septics and shared well (retrieving permit number) for home and restaurant.
3583937
Other
El Paso
1953
9.77 Acres
Well
Aluminum siding,Metal,Vinyl siding,Shingle,Stone,W
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